IFC Partners with Ayala Land for $250 Million Sustainability-Linked Financing to Boost Green Buildings in the Philippines
IFC, a member of the World Bank Group, is investing up to Philippines 14.5 billion ($250 million) in a sustainability-linked loan (SLL) for Ayala Land Inc. (ALI). Read more
Economic Survey calls global climate change strategies ‘flawed’: 30 top points
Among other notable points from this years’ Economic Survey, it was highlighted that to tackle climate change, one-size-fits-all approach will not work, and the developing countries need to be free to choose their pathways. "Current global strategies for climate change are flawed and not universally applicable...Their practices ignore humans’ underlying relationship with nature, with other people, with materiality and with themselves,". Read more